TTM 8.54% 44.5¢ titan minerals limited

News: TTM Titan Minerals Posts Qtrly Gold Production Of 2,039 Ounces, page-2

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    Highlights
    • Gold Production for the September 2018 Quarter totals 2,039 ounces
    • 18.6g/t gold average head grade at the Tulin Plant for the quarter
    • Vista Plant Construction remains on-track for December 2018 commissioning.
    • Titan completes 100% Acquisition of Andina Resources Limited
    • Non-binding indicative terms agreed to acquire up to an 85% ownership interest in the
    Las Antas Gold Project:
    o Potential for bulk tonnage, disseminated style gold mineralisation hosted within a
    region of high-grade gold & silver vein style mineralisation
    o located approximately 80km east of the Company’s Vista gold processing facility
    o Hosted in the same volcanic sequence that hosts major deposits in Southern Peru
    including the Ares Mine (1.2Moz Au) and the Antapite Mine (600koz Au)
    • Torrecillas Gold Project phase 1 exploration campaign completed:
    o 42.7g/t, 41.2g/t, & 23g/t gold Peak assays from channel sampling of >7km extent of
    mapped vein corridors.
    o 35g/t, 22.7g/t, & 13g/t gold peak rock chips on new veins identified including up to
    4.7g/t & 3.8g/t gold in identified breccia bodies located within newly defined zones
 
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